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Charles Taylor Group Plc V.MQL


Primary Symbol: CHTYF

Marquee Energy Ltd is a Canada-based company. It is engaged in the acquisition, exploration, development, and production of oil and natural gas. The company receives maximum revenue from oil and natural gas sales. The company's core operations are in Michichi area.


GREY:CHTYF - Post by User

Bullboard Posts
Comment by jayd54on Nov 20, 2014 6:45pm
252 Views
Post# 23150089

RE:RE:RE:RE:Marquee takeover of Palliser

RE:RE:RE:RE:Marquee takeover of PalliserWhy, why, why would MQL want to take over a company whose operating costs per barrel are exorbitant ($31.38 per barrel last report) and highly unlikely to drop? As well daily production has dropped like a rock, some 38% lower YOY and sounds like they need huge capital investment, something that MQL cannot re-direct. This target sure doesn't make sense for an already stretched MQL.
Bullboard Posts